Real Estate

Destination XL is expanding its presence in North America.   The male apparel retailer is opening its first Canadian store in Ajax, Ontario. The 5,028-sq.-ft. location features more than 100 brands and thousands of styles from top designers, including Michael Kors, Polo Ralph Lauren, Buffalo Jeans, Nautica, Levi’s and Cole Haan, as well as exclusive brands, such as Brooks Brothers and Lacoste. Private-label brands Harbor Bay, 28 Degrees, Oak Hill and True Nation, round out the assortment, DXL said.  

Ulta Beauty is getting ready to break ground on its newest distribution center.  

The Italian shoe and handbag retailer Baldinini takes its place among the 240 other hallowed brands at Woodbury Common in Central Valley, New York, this month, but that’s just the punctuation mark on the story of the transformation of Simon Premium Outlets’ star property.  

There’s been a change at the top of teen apparel retailer Pacific Sunwear of California (PacSun).   Chief executive Gary Schoenfeld has departed the chain, which is owned by Golden Gate Capital. The news was first reported by shop-eat-surf.com   Schoenfeld had served as CEO of PacSun since 2009. No reason was given for his departure.   

Less than a month after closing its New York City pop-up store, Snap is back in the brick-and-mortar game.   Snap, the social media company formerly known as Snapchat, opened a temporary store on the boardwalk in Venice, California, near its Los Angeles headquarters, according to TechCrunch.   

Nordstrom Rack will open a store at Cascade Station in Portland, Oregon.    The approximately 28,000-sq.-ft. store is scheduled to open in fall 2017.   This will be the fifth Nordstrom Rack store in the Portland area. Portland is also home to the first stand-alone Nordstrom Rack store, which opened in 1983. The company also operates a full line stores at downtown Portland and Clackamas Town Center.  

Amazon continues to quietly grow its bookstore portfolio.    The online giant confirmed it will open an Amazon Books location in Bellevue, Washington — its second in the state and tenth overall — reported ReCode.   

The parent of Men's Wearhouse, Jos. A. Bank and other menswear brand reported lower sales in its fourth quarter amid soft traffic across its brands.    Tailored Brands reported sales of $793.3 million in the quarter ended Jan. 28, down from $826 million a year ago. The company closed 232 stores in 2016.    The company lost 62 cents a share in the quarter, more than expected, compared with a loss of $21.86 a share in the same period a year ago.   

The Kroger Co. is preparing to break ground on its newest distribution center.   The grocer is investing $60 million in the 674,000-sq.-ft. depot, which will primarily be used to replenish Kroger’s direct-to-store distribution centers across the eastern half of the country, according to the Northern Kentucky Tribune.  

More luxury stores opened in London in 2016 than any other city in the world.   The British capital topped the global ranking for new luxury retail store openings in 2016, according to Savills Global Luxury Retail report.    The city saw a total of 41 luxury store openings during the year, (of which 15 were the respective brand’s first ever store in London), followed by Paris, with 36 openings, and New York, with 31. Rounding out the top five were Dubai (31), Hong Kong (25) and Milan (24).